Alongside the other important altcoins, EOS expressed its bullish momentum over the course of the day and moved across the $3.050 mark. Future Blockchain, a TradingView analyst believes that the major altcoins will showcase similar price gains as the trading pair turns bullish.
1-day EOS price movement
As you can see in the chart above, the coin rested below the $2.800 level at the beginning of the day’s trade, while it began to climb upwards on the daily chart after the first quarter of the day. The cryptocurrency gradually made its way to and across the $2.900 level by the afternoon. After 16:00 GMT, EOS leaped past the $3.050 mark, after which it traded above the $3.00 only to fall back down to the $2.75 level.
EOS price: what’s next?
Future Blockchain on Trading View suggests that the cryptocurrency will see itself past the $2.8, $3.2, $3.5, and then the $3.8 mark in the near future. The analyst highlighted the price targets that they claimed the cryptocurrency will soon be approaching.
Currently, the idea seems to be in play as the EOSUSD pair catches a bullish momentum on the 29th of April. EOS already made its way past the $2.8 level and at the time of writing, it stands near $3.050 while remaining bullish.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.